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While all obsolescence management strategies have the same goal of ensuring the lifecycles of OEM products despite any unforeseeable disruptions, they are not all alike. Now, just because each strategy may be different in form, that does not mean they differ in terms of importance. It is unwise to consider any such strategy as “one-size-fits-all,”…
One of the defining features of Partstat is our ability to offer OEMs a solution capable of helping them maintain “long-term” product lifecycles. While such phrasing is accurate, what “long-term” actually means varies from industry to industry. What is long for the smartphone market, for example, is not on par with even the shortest medical…
Component price inflation, escalating consumer demand, and suppliers’ inability to expand production has quickly turned BOM monitoring from a luxury into a critical element of a successful supply chain. In a recent press release, Gartner predicted that “component shortages, rising bill of materials (BOM) and the resulting prospect of having to raise average selling prices…
Salmon are fascinating creatures in that that they are created with an inherent instinct to defy the natural order. In a world where common sense and logic nudge all forms of life toward the path of least resistance, salmon insist on swimming upstream against the current, willfully ignorant of the fact that that just turning…
The benefits of adopting a BOM monitoring service need no elaboration. Lead times for once commoditized passive components are now approaching near historic highs — in some cases beyond 52 weeks — and as component manufacturers continue to ramp up production to meet escalating demand, the lifecycles of their offerings continue to shorten. The problem…
When an OEM or EMS provider decides to adopt a BOM monitoring service into their supply chain, what do they expect to receive? And once it has been received, does it really provide what today’s supply chain requires? If we are discussing the vast majority of offerings currently available, the answer is relatively simple. With…